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Commercial Loan Servicer

Calculated Hire - Irving, TX

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Job Description

Commercial Loan Servicing RepresentativeOnsite - Irving, TXSchedule - Hybrid (2 days remote)12-24 month Contract (W2), Weekly Pay (40 hours/week)Pay Rate: $30-38/hrLearn more about the general tasks related to this opportunity below, as well as required skills.Job SummaryCalculated Hire is in search of a Commercial Loan Servicing Representative I for our Fortune 100 Financial Services company. You will be responsible for the following components:We are seeking a detail-oriented and proactive Loan Servicing and Operations Associate to support our Commercial Banking team with bilateral loan servicing. This role is responsible for the end-to-end servicing of commercial loans, ensuring accuracy, compliance, and timely execution of operational processes. The ideal candidate will have hands-on experience with LoanIQ and a strong understanding of commercial lending operations.Key ResponsibilitiesManage the end-to-end servicing of bilateral commercial loans, including rate resets, clearing exceptions, reconciliation, and complex research requests.Maintain and update loan records in LoanIQ, ensuring data integrity and compliance with internal policies and regulatory requirements.Process loan transactions such as drawdowns, rollovers, repayments, and fee accruals.Reconcile loan balances and resolve discrepancies with internal teams and external counterparties.Manage a queue of complex ad-hoc servicing requests.Collaborate with credit, legal, and relationship management teams to ensure accurate documentation and servicing.Support internal and external audits by providing documentation and responding to inquiries.Identity and implement process improvements to enhance operational efficiency and reduce risk.Required QualificationsMinimum 1 year of hands-on experience using LoanIQ (mandatory)1+ years of experience in commercial loan operations or servicing, preferably in a banking or financial services environmentStrong understanding of bilateral loan structures and servicing requirements.Proficiency in LoanIQ, workflow tools, Microsoft Office Suite, especially Excel.Excellent attention to detail, organizational, and problem-solving skills.Strong communication skills and ability to work collaboratively across teams.Preferred SkillsFamiliarity with bilateral commercial loans.Experience with workflow tools or automation platforms.Knowledge of regulatory requirements related to commercial lending (e.g. SOX, OCC guidelines).

Created: 2025-09-23

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